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North America Surgical Navigation Systems Market is expected to reach US$ 1,048.26 million by 2030

North America Surgical Navigation Systems Market is growing at a CAGR of 9.89% to reach US$ 1,048.26 million by 2030 from US$ 493.02 million in 2022 by Technology, Application, End User, and Region.

By The Insight Partners

According to our new research study on “North America Surgical Navigation Systems Market Forecast to 2030 – Regional Analysis – by Technology, Application, and End User,” the North America surgical navigation systems market size is expected to grow from US$ 493.02 million in 2022 to US$ 1,048.26 million by 2030; it is estimated to register a CAGR of 9.89% during 2022–2030.

Key factors driving the North America surgical navigation system market growth include the rising cases of musculoskeletal and neurological disorders, and the integration of advanced technologies with surgical navigation systems. However, product recalls hinder the market growth.

Integration of Advanced Technologies with Surgical Navigation Systems

Surgeons have been increasingly emphasizing on performing safe and less invasive surgeries. Augmented reality (AR) is one of the advanced technologies that has been widely employed in various fields of surgery, including neurosurgery, orthopedics, and spine surgery. Incorporating AR technology for facilitating image-guided surgeries reduces surgical complexities, enhancing procedures performed in operation rooms (OR) with virtual content for surgeons. AR provides visual representation of the patient's brain along with treatment methods, and microscopic and macroscopic visuals for neurosurgeons. Therefore, advanced computer technologies and AR-guided navigation would soon become a common part of surgical procedures, which would in turn maximize the number of skilled and safe surgeries. In July 2022, Enovis announced the launch of ARVIS, the only AR-based visualization and information system, which can provide precision guidance to surgeons during surgeries. Thus, the increasing use of innovative surgical navigation techniques incorporated with advanced technologies such as AR propels the demand for surgical navigation systems.

To get free sample copy of the report, along with the TOC, Statistics, and Tables please visit @ https://www.theinsightpartners.com/brochure/TIPRE00030073

Market Trends

Robotic Navigation

Surgical robotic navigation benefits surgeons by assisting them through the alignment of surgical instruments and screws precisely. The real-time visualization of instrument positioning and imaging compatibility enables great accuracy for surgeons while performing procedures by using navigation systems. Several top companies plan to launch innovative robotic surgical navigation platforms. Globus Medical offers a Multifunctional Robotics+Navigation platform designed to improve surgical accuracy and optimize patient care using robotics and navigation. Axis Spine Center's surgical navigation robot is connected to a camera; the robot can process the view captured by the camera using real-time CT images. The robot can also change position upon patients’ movement to ensure a precise placement of a surgical instrument. Despite developments in robotic surgical navigation, further studies are necessary to determine the efficacy, efficiency, and safety of new combined surgical robotic navigation systems/platforms.

B. Braun SE; DePuy Synthes Inc; Medtronic Plc; Siemens Healthineers AG; Stryker Corp; Zimmer Biomet Holdings Inc; Brainlab AG; CASCINATION; HEMOSTASIS, LLC; and Corin Group are among the leading companies operating in the North America surgical navigation systems market.   

Strategic Insights

  • In September 2022, B. Braun Medical Inc. (B. Braun) announced the acquisition of the Clik-FIX catheter securement device portfolio from Starboard Medical, Inc. for building a strong and innovative product and program to improve the overall patient experience and outcomes with the peripheral intravenous (IV) therapy.
  • In March 2022, Johnson & Johnson MedTech announced that DePuy Synthes announced the acquisition of CUPTIMIZE Hip-Spine Analysis, giving surgeons an easy-to-use tool to understand better and address the impact of abnormal motion between the spine and pelvis for some patients seeking total hip arthroplasty (THA).
  • In August 2023, ZimVie announced the expansion of its cooperation agreement with Brainlab for introducing an expansive and diversified spine imaging, planning, and navigation portfolio as well as robotic imaging, surgical assistance, and mixed reality that support spinal surgeries.
  • In May 2022, Hemostasis LLC announced the acquisition of Fiagon Medical Technologies, which immediately expands the ENT technology offerings portfolio through leading " PosiSep sinus dressings, NexStat hemostats and Vectra drug delivery microsponges." The combination will offer optimized treatment and healing technologies for sinus patients and surgeons operating on these patients.
  • In May 2020, Corin partnered with REM Systems, an orthopedic joint replacement and technology company. The partnership companies would launch CorinConnect, an integrated digital ecosystem of personalized technologies that include globally leading OPS and OMNIBotics solutions.

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